Product Code: ETC8848269 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The peanut milk market in the Philippines is expanding as consumers seek dairy alternatives due to lactose intolerance and vegan dietary preferences. Peanut milk is gaining popularity for its nutritional benefits, including high protein and essential fatty acids. Local and international brands are introducing flavored and fortified peanut milk variants to attract health-conscious consumers. The governments support for plant-based alternatives and the growing trend of sustainable food choices are also driving market growth.
The peanut milk market in the Philippines is witnessing significant growth due to the increasing demand for plant-based milk alternatives. Health-conscious consumers are shifting towards dairy-free products, driven by concerns about lactose intolerance and sustainability. Peanut milk, being rich in protein and essential nutrients, is gaining popularity as a nutritious and affordable option. The rising trend of veganism and plant-based diets further propels market growth. Additionally, innovative product offerings, such as flavored peanut milk and fortified variants, attract a broader consumer base, while improved distribution channels ensure wider market penetration.
A major challenge in the peanut milk market is the relatively low awareness among consumers about peanut milk as a viable dairy alternative. Furthermore, high production costs, including sourcing quality peanuts and processing, can make peanut milk more expensive than other alternatives, limiting its market reach. There is also the challenge of ensuring consistent quality and taste to compete with other plant-based milk products already established in the market.
The growing demand for dairy alternatives presents opportunities for investment in peanut milk production facilities and product innovation. Entrepreneurs can tap into the rising health-conscious consumer base by offering flavored and fortified peanut milk options. Investing in local peanut farming and supply chain improvements can also enhance profitability while ensuring a stable raw material supply.
Government support for plant-based alternatives is driving the peanut milk market, with policies encouraging the production and consumption of non-dairy beverages. The Department of Agriculture provides incentives for local peanut farmers to boost production, ensuring a steady supply of raw materials. Additionally, food safety and quality regulations ensure that peanut milk products meet health standards, promoting consumer confidence in these dairy alternatives.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Peanut Milk Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Peanut Milk Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Peanut Milk Market - Industry Life Cycle |
3.4 Philippines Peanut Milk Market - Porter's Five Forces |
3.5 Philippines Peanut Milk Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Philippines Peanut Milk Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Philippines Peanut Milk Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Peanut Milk Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Philippines Peanut Milk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Peanut Milk Market Trends |
6 Philippines Peanut Milk Market, By Types |
6.1 Philippines Peanut Milk Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Philippines Peanut Milk Market Revenues & Volume, By Nature, 2021- 2031F |
6.1.3 Philippines Peanut Milk Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Philippines Peanut Milk Market Revenues & Volume, By Conventional, 2021- 2031F |
6.2 Philippines Peanut Milk Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Peanut Milk Market Revenues & Volume, By Bottles, 2021- 2031F |
6.2.3 Philippines Peanut Milk Market Revenues & Volume, By Aseptic cartoon, 2021- 2031F |
6.3 Philippines Peanut Milk Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Peanut Milk Market Revenues & Volume, By Food processing industry, 2021- 2031F |
6.3.3 Philippines Peanut Milk Market Revenues & Volume, By Bakery & confectionery, 2021- 2031F |
6.3.4 Philippines Peanut Milk Market Revenues & Volume, By Beverages, 2021- 2031F |
6.3.5 Philippines Peanut Milk Market Revenues & Volume, By Proteins bars & Supplements, 2021- 2031F |
6.3.6 Philippines Peanut Milk Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Philippines Peanut Milk Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Philippines Peanut Milk Market Revenues & Volume, By Supermarket/Hypermarket, 2021- 2031F |
6.4.3 Philippines Peanut Milk Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.4.4 Philippines Peanut Milk Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.4.5 Philippines Peanut Milk Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Peanut Milk Market Import-Export Trade Statistics |
7.1 Philippines Peanut Milk Market Export to Major Countries |
7.2 Philippines Peanut Milk Market Imports from Major Countries |
8 Philippines Peanut Milk Market Key Performance Indicators |
9 Philippines Peanut Milk Market - Opportunity Assessment |
9.1 Philippines Peanut Milk Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Philippines Peanut Milk Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Philippines Peanut Milk Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Peanut Milk Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Philippines Peanut Milk Market - Competitive Landscape |
10.1 Philippines Peanut Milk Market Revenue Share, By Companies, 2024 |
10.2 Philippines Peanut Milk Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |